These 7 Nifty companies can log over 40% YoY growth in PAT
As many as seven companies from the Nifty50 pack could report a sharp growth in their bottomline for the quarter ended December 2023. ETMarkets shortlisted those companies that could see over 40% jumps in Q3 profits. Estimates are by Motilal Oswal:
Don’t expect recovery in FMCG before FY25: Abneesh Roy
Abneesh Roy says: “In our view, in Q3, most of the companies will see flat to low-single digit volume growth in the rural areas while urban areas will be growing faster. Even in Q4, we do not see a big recovery in rural demand currently. Our sense is the recovery will happen in FY25, based […]
Should we expect inline performance from IT majors in Q3? Mahantesh Sabarad answers
Mahantesh Sabarad says: “A mixture of events that has caused this underperformance on HDFC Bank overall. And within that mixture one cannot wish away what is happening to the banking sector per se. The banking sector is now on a high in terms of credit growth. The YoY credit growth number is upwards of 16% […]
Tech View: Nifty forms Inside Bar candle on daily chart. What traders should do on Wednesday
“Below 21,725/72,000, the weak sentiment is likely to continue. Below the same, the market could retest the level of 21,500/71,100. Further down side may also continue, which could drag the index till 21,435/70,850,” said Shrikant Chouhan of Kotak Securities
Lakshadweep becomes new keyword for investors. Smallcap soars 43% in 3 days
Praveg caught shareholder attention as it had last month received a work order for the development of operation, maintenance, and management of at least 50 tents at Lakshadweep’s Agatti Island. The resorts at Lakshadweep will also offer commercial activities like scuba diving, destination weddings, corporate functions, etc.
Technical Stock Pick: Contra Buy! What does the 3-dip pattern tell about Kotak Mahindra Bank price movement?
The stock hit a 52-week high of Rs 2063 on 31st May 2023, but it failed to hold on to the momentum. The stock closed at Rs 1826 on 8th January 2024, translating into a fall of over 11%.
No Hera Pheri! ’25 din mein paisa double’ just happened in these 6 multibagger stocks
Is ’25 din mein paisa double’ possible in stock markets without doing any ‘Hera Pheri’? We ran a screener and found that at least 6 stocks have more than doubled wealth. But those new to the market must not forget that investing is a long-term business and not a get-rich-quick scheme. ’25 din mein paisa […]
F&O Stock Strategy: How to trade Samvardhana Motherson and IRCTC today
The price level of Rs 100 was a strong resistance and a psychological level for Samvardhana Motherson stock. The stock touched this level in August 2023 but could not sustain and corrected 13 percent from there.
Hot Stocks: Brokerages view on Tata Motors, Nippon AMC, Mindspace REIT
JPMorgan maintained an overweight rating on Tata Motors with a target price of Rs 925. JLR wholesales improved, and the mix remains strong.
Stocks in news: ZEE, Bajaj Auto, Tata Motors, Metropolis Healthcare, Aurobindo Pharma
Stellaris Ventures Partners, one of the early stage investors in Mamaearth parent Honasa Consumer, sold partial stake in the company through bulk deals on Monday.